Amesite director granted 7,541 RSUs
Brewer Barbie reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Brewer Barbie reported acquisition or exercise transactions in this Form 4 filing.
Amesite Inc. director Barbie Brewer received a grant of 7,541 restricted stock units. These RSUs were awarded as deferred stock units in lieu of cash fees for her board service, with the number of units based on the closing share price on the last day of the quarter.
Each RSU represents the right to receive one share of Amesite common stock or its cash equivalent. The deferred stock units or cash equivalent will be delivered after she completes service on the board or upon an earlier change in control. Following this grant, she holds 30,322 shares or equivalents directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 7,541 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of AMST common stock and/or the cash equivalent of such share.
- F2. The reported securities were issued as "deferred stock units" in lieu of cash compensation earned for services as a director, and the number of deferred stock units received was calculated based on the closing share price on the last day of the quarter. The deferred stock units or cash equivalent will be issued to the reporting person upon completion of service as a member of the board of directors or, if earlier, a change in control.
Key Figures
Key Terms
Restricted Stock Units financial
deferred stock units financial
change in control financial
contingent right financial
FAQ
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What insider transaction did Amesite (AMST) report for director Barbie Brewer?
How many Amesite (AMST) restricted stock units were granted in this Form 4?
What does each Amesite (AMST) restricted stock unit represent in this grant?
When will the Amesite (AMST) deferred stock units be delivered to the director?
Why did Amesite (AMST) issue deferred stock units instead of cash to the director?
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